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Sunday, June 26, 2022
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superannuation

New research says Australian retirees now prefer not-for-profit super

A new study from Rainmaker Information, says Australian retirees have now shifted their allegiance from retail superannuation funds to not-for-profit funds.

Women’s index shows drop in gender equality progress despite closing of super gender gap

Progress to gender financial equality reversed in the March quarter despite a significant win in superannuation savings for women which saw the gender gap narrowing by the most in more than a decade, according to the latest Financy Women's Index.

Labor and coalition switch focus to wooing seniors’ vote

Senior Australians are being courted by the major parties as each side commits to extra health care benefits, but Council on the Ageing wants more ambitious policies.

Choose to Chat Employer Toolkit launched to assist with superannuation clarity and options

Community care organisations have a key role to play in engaging with and educating their staff more on topics such as superannuation and retirement planning, and be aware of insurance within super and its benefits, according to industry super fund NGS Super, but it can be challenging to understand the rules around what employers can and can’t say.

Nothing in Budget to address super system gender inequities

HESTA said it welcomes measures in the Federal Budget aimed at increasing women's workforce participation but that it was a missed opportunity to improve women's long-term financial security.

Cost of living pressures to determine election outcome: UnitingCare insight

Workers have missed out on up to $680 a fortnight in pay over the past decade amid the rising cost of living according to new analysis by UnitingCare Australia.

New study shows women want Government action to address super inequity

Many women are stressed and anxious about the hit to their retirement savings from taking time out of the workforce to nurture children and want government action to address this super inequity, new research from industry super fund HESTA reveals.

Gender super gap for NSW’s mums getting worse while politicians do nothing

The gender superannuation gap for NSW working mothers is getting worse, according to Industry Super Australia, as both major political parties, it says, sit on their hands and won't commit to paying super on the government parental leave scheme.

‘Hard truths’ on pay gap for Aussie women require urgent addressing

Bosses and governments are being urged to close the pay gap for women to attract the best talent and make workplaces fairer.

Parliament takes another significant step towards scrapping of $450 super threshold

Despite limited action on the acute aged care crisis, parliament has edged one step closer to ratifying small changes to treasury laws that could see massive, long-term impacts to the financial security of aged care workers and older Australians.

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